The median sale price of a home sold in the third quarter of 2020 in College Street/ Lawrence Avenue, a Springfield neighborhood, fell by $16,000 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.
From July through September of 2020, there were 13 homes sold, with a median sale price of $40,000 - a 28.6% decrease over the $56,000 median sale price for the same period of the previous year. There were 13 homes sold in College Street/ Lawrence Avenue in the third quarter of 2019, as well.
The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2018, was $1,565, approximately 3.9% of the median home sale price for the third quarter of 2020.
The following table compares College Street/ Lawrence Avenue to other Springfield neighborhood with similar median sales prices in the third quarter of 2020:
| Neighborhood | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 54/ Sangamon Ave. | 23 | 42 | -45.2% | $76,000 | $79,000 | -3.8% |
| 4th Street/ Cook Street | 9 | 13 | -30.8% | $73,000 | $45,500 | 60.4% |
| Jerome | 7 | 23 | -69.6% | $69,000 | $85,000 | -18.8% |
| Stanford Avenue/ Fox Bridge Road | 14 | 14 | 0% | $51,500 | $43,750 | 17.7% |
| Southern View | 8 | 12 | -33.3% | $51,000 | $48,500 | 5.2% |
| College Street/ Lawrence Avenue | 13 | 13 | 0% | $40,000 | $56,000 | -28.6% |
| Route 97/ 9th Street | 3 | 2 | 50% | $32,000 | $60,000 | -46.7% |
| Route 29/ Route 97 | 9 | 12 | -25% | $31,000 | $42,500 | -27.1% |
| Grandview | 7 | 10 | -30% | $29,000 | $57,500 | -49.6% |
| Arlington Heights | 7 | 13 | -46.2% | $26,000 | $56,500 | -54% |
| Cook Street/ 11th Street | 2 | 3 | -33.3% | $25,000 | $4,500 | 455.6% |
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